Hims CEO Reports $33 Million Sale in Largest Insider Trade

Hims & Hers Health Inc.’s Chief Executive Officer Andrew Dudum sold more than $33 million worth of company stock in the biggest insider transaction since the company went public four years ago.

Through a family trust, Dudum sold 660,000 of his company’s shares on Aug. 7 in what’s known as an open market transaction, according to a filing with the US Securities and Exchange Commission. The sale comes halfway into the third quarter and wasn’t triggered by price changes as dictated in Dudum’s preestablished trading plan.